The digital label printer global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Digital Label Printer Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The digital label printer market size has grown strongly in recent years. It will grow from $8.22 billion in 2023 to $8.77 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to growing demand for customized and personalized labels, increasing awareness and regulatory pressure regarding environmental sustainability, increasing need from a variety of industries food and beverages, increasingly adopt digital printing, and growing demand for customized labels and packaging.
The digital label printer market size is expected to see strong growth in the next few years. It will grow to $11.41 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to the rapid expansion of e-commerce, increasing regulatory requirements for product labeling, increase in the use of apps and other digital content, Increase in demand for tamper-proof and anti-counterfeit labeling solutions, and rise in need for aggressive branding and marketing. Major trends in the forecast period include integration with smart technologies, adoption of radio frequency identification (RFID) and near field communication (NFC) technologies for smart labels, sustainable and biodegradable materials for labels, the introduction of cutting-edge printing technologies, and shift from traditional printing methods to inkjet technology.
Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/digital-label-printer-global-market-report
Scope Of Digital Label Printer Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Digital Label Printer Market Overview
Market Drivers –
The rising demand for food and beverages is expected to drive the growth of the digital label printer market. The food and beverage sector covers consumables that offer nutrition and hydration. The increasing demand is due to population growth, rising preferences for ready-to-eat meals, and the growing popularity of premium, organic, and convenient items. Digital label printers play a crucial role by providing efficient, versatile, and cost-effective solutions for creating high-quality labels that comply with regulatory and marketing needs. According to a report from April 2022 by Common Thread Collective, global food and beverage sales increased from $435.3 billion in 2021 to $506 billion in 2022, with expectations to reach $857 billion by 2025. This increasing demand for food and beverages is driving the digital label printer market.
Market Trends –
Major companies operating in the digital label printer market are focused on developing advanced printing technologies such as laser-enhanced print technology(LEPx) to meet evolving industry demands for quality, customization, and efficiency in labeling solutions. Laser-enhanced print technology (LEPx) is a digital printing technology that utilizes lasers to enhance the printing process, providing high-resolution and high-quality output. For instance, in May 2022, HP Indigo, an Israel-based provider of digital printing solutions for the label and packaging industry, introduced the HP Indigo V12 Digital Press. This press utilizes the new LEPx technology, allowing it to print at speeds of 120 linear meters per minute, making it highly efficient for high-volume label production. The V12 is capable of producing high-definition prints with a resolution of 1600 dpi ( dots per inch) and supports a wide color gamut, enabling the reproduction of 97% of PANTONE colors.
The digital label printer market covered in this report is segmented –
1) By Type: Dye Inkjet Digital Label Press, Pigment Inkjet Label Press, Digital Laser Label Press, Other Types
2) By Ink Type: Solvent Based, Water Based, Ultraviolet (UV) Based, Other Ink Types
3) By Technology Type: Inkjet Printers, Laser Printers, Other Technology Types
4) By End-User: Food And Beverages, Personal Care And Cosmetics, Pharmaceutical, Home Care, Consumer Durables And Electronics Goods (CDEG) Industry, Other End-Users
Get an inside scoop of the digital label printer market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=18568&type=smp
Regional Insights –
Asia-Pacific was the largest region in the digital label printer market in 2023. The regions covered in the digital label printer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies in the market are HP Inc., Honeywell International Inc., Canon Inc., Ricoh Company Ltd., Seiko Epson Corporation, Xerox Corporation, Brother Industries Ltd., Lexmark International Inc., Toshiba TEC Corporation, SATO Holdings Corporation, Domino Printing Sciences PLC, Weber Packaging Solutions Inc., Heidelberger Druckmaschinen AG, Primera Technology Inc., The Imaging Systems Group Inc., Microboards Technology LLC , Dantex Group Limited, SCREEN Graphic Solutions Co Ltd., Focus Label Ltd., NeuraLabel Printing Solutions, Nilpeter A/S, Allen Datagraph Systems Inc., Valloy Inc. , Colordyne Technologies LLC
Table of Contents
1. Executive Summary
2. Digital Label Printer Market Report Structure
3. Digital Label Printer Market Trends And Strategies
4. Digital Label Printer Market – Macro Economic Scenario
5. Digital Label Printer Market Size And Growth
…..
27. Digital Label Printer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the trending research reports from TBRC:
https://topprnews.com/modular-construction-market-share/
https://topprnews.com/global-naval-vessels-and-surface-combatants-market-overview/
https://topprnews.com/nonwoven-filtration-market-driver/
https://goodprnews.com/modular-construction-market-trends/
https://goodprnews.com/global-naval-vessels-and-surface-combatants-market-analysis/
https://goodprnews.com/nonwoven-filtration-market-insights/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
